1246 Rte 202/206

$ 2,600,000.00Bridgewater, NJ 08807

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Property Details

Retail For Sale: Bright Horizons Corporate Guarantee (Closed)

Building Size: 8,528 SF
Property Type: Retail
Property Sub-type: Day Care Facility/Nursery
Property Use Type: Net Lease Investment with 5 years left on lease
Cap Rate: 9.45%
Occupancy: 100%
No. Stories: 1
Tenancy: Single


The subject site is less than 1 mile from Interstate 78 and 287. It is currently subleased to Rainbow childcare with a Bright Horizon corporate guarantee. The lease expires in February 2021 with 2 – (5) year renewal options.

The subject site is Bridgewater Township is located in the center of Somerset County. Bridgewater serves as the corporate headquarters for Sanofi’ s and Medicis Pharmaceutical and is also home Bridgewater Commons, a large shopping mall.


  • Somerset County Block 601 Lot12
  • 18,194 VPD
  • 2.5% Increases Annually